From a climate change perspective, 2021 was another remarkable year. While not the warmest year on record, a host of extreme weather events and...
Russia | CBR’s huge rate hike unlikely to restore financial stability
Posted by Tatiana Orlova on Mar 1, 2022
Following Russia’s invasion of Ukraine, the US and EU announced harsh new sanctions, including banning some Russian banks from SWIFT and freezing the...
Eurozone | War in Ukraine will hit Europe’s economy
Posted by Angel Talavera on Feb 25, 2022
Russia’s invasion of Ukraine means that the economic impact of the conflict on Europe will be larger than we previously assumed. Our new baseline sees
Global | Russia invades Ukraine, damaging the global economy
Posted by Tatiana Orlova on Feb 24, 2022
Due to events over the past 24 hours, with Russia now intent on installing a “friendly” government in Ukraine, we have moved our global baseline in...
Eurozone | How the clash with Russia will affect Europe’s economy
Posted by Angel Talavera on Feb 23, 2022
The escalation in the Russia-Ukraine conflict will hit the eurozone economy mainly via higher energy prices giving another spur to inflation, which...
Russia and Ukraine | Recognition of rebel states won’t trigger harsh sanctions
Posted by Tatiana Orlova on Feb 22, 2022
On Monday 21 February, separatist leaders of the so-called Donetsk andLuhansk People’s Republics (LNR and DNR) called on Russia’s PresidentVladimir...
Eurozone weekly economic briefing | Covid risks are out, war risks are in
Posted by Angel Talavera on Feb 18, 2022
The crisis between Russia and Ukraine continues to dominate the headlines. Although we expect the direct economic impact for the eurozone to be...
Eurozone | Limited Ukraine incursion would dampen the recovery
Posted by Innes McFee on Feb 15, 2022
The impact of a “limited” incursion by Russia into Ukraine would deal an unwelcome blow to the European economy via higher inflation squeezing real...
Eurozone weekly economic briefing | Strong January inflation brings swift ECB hawkish shift
Posted by Nicola Nobile on Feb 4, 2022
January inflation surprised on the upside, with the headline rate up to 5.1%, the highest since the 1990s. And while the energy component rose over...
Eurozone | ECB’s hawkish shift paves ground for a possible rate hike
Posted by Oliver Rakau on Feb 4, 2022
The February ECB meeting marked the beginning of a clear hawkish shift in the ECB’s policy outlook. Although the policy stance was left unchanged,...